Today we spend the entire show talking about the size of the solar market. How much solar generating capacity is installed; how much solar manufacturing capacity exists; and how much solar is held in China, the largest solar market in the world.
Ugo Salerno, CEO of RINA Consulting explained in an interview that to date Egypt gets only 1 percent of its energy from renewables. With Salerno’s company’s help, however, Egypt will soon be the home of one of the largest solar PV projects in the world. [...]
Proposed net additions to generating capacity by utility-scale wind and solar in the U.S. could total 116 GW by December 2020 — effectively doubling their current installed capacity of 115.5 GW, according to the latest issue of the Federal Energy Regulatory Commission’s Energy Infrastructure Update, with data through Nov. 30, 2017. [...]
Egypt’s fledgling solar industry attracted $1.8 billion of investment, largely from the European Bank of Reconstruction and Development and the World Bank’s International Finance Corp.
The EBRD is backing 16 photovoltaic projects, and the IFC is financing 13 in the sunny North African nation with a combined capacity of 1.4 gigawatts. They are writing loans for $380 million and $203 million, respectively, and have mobilized the rest from co-investors. [...]